131 22 Street North, Lethbridge, AB

Opportunity

This property presents a compelling opportunity to acquire and reposition a large-scale industrial facility with significant existing freezer infrastructure. Featuring up to 28’ ceiling heights and approximately 70,000 sf of freezer space, the building is well‑suited for conversion to modern cold storage, freezer logistics, or food processing operations. 

With robust servicing and infrastructure already in place, the asset offers an efficient retrofit opportunity for users seeking scale, functionality, and long‑term operational value in a supply‑constrained market. In addition, civil work has already been completed to support a further 40,000 sf of expansion, providing a clear path for future growth and enhanced operational capacity.

Lethbridge is a major agri-food production hub with a population of approximately 111,400, anchored by leading global food processors including McCain Foods, Cavendish Farms, Lamb Weston, Richardson Oilseed, and Bonduelle. This established industry cluster supports a deep network of suppliers, labour, and logistics infrastructure, making the region highly attractive for food production and cold storage users.

The property is strategically located approximately 50 miles (just over an hour) north of the U.S. border along the CANAMEX Trade Corridor, offering efficient north-south connectivity to key markets. With four points of entry and immediate access to Highway 3, the site provides excellent exposure and seamless regional and cross-border distribution capabilities, ideally suited for logistics, cold storage, and value-added food operations.

• Up to 28' ceiling heights
• 12 overhead door loading options
• Multiple 8" water services
• High capacity engineered systems
• Approx. 70,000 sf of engineered freezer space
• Prominent site exposure from Highway 3 (27,030 VPD+)
• Four site access points
• Immediate highway connectivity
• 23,850 sf on the second floor
• Civic work completed to support a 40,000 sf expansion